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    28 Ar-109 Magazine, AR 72943

    • Land
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 28 Ar-109

    Lot size
    0.16 lot acres
    Property type
    Land

    Description

    This exceptional 0.16-acre commercial land parcel, located in the heart of historic downtown Magazine, Arkansas, presents a unique investment opportunity. The property, identified by APN 120-00271-000, is zoned C-1, offering a range of potential commercial uses. The sale includes a small, adjacent vacant lot, adding to the overall acreage and development possibilities. The property is being sold "as is, where is," reflecting its historical character and potential for renovation. Situated at 28 AR-109, Magazine, AR 72943 (latitude 35.1502716, longitude -93.8070565), this location offers high visibility and accessibility within the town's central business district. The asking price for this prime piece of Arkansas history is $25,000. This represents a chance to acquire a significant piece of Magazine's heritage and contribute to its ongoing revitalization. The property's potential is vast, allowing for creative redevelopment and the preservation of a significant piece of the town's past. Serious inquiries are encouraged to explore the possibilities this unique property offers. Logan County records confirm the property details.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Magazine
    County
    Logan
    State
    Arkansas
    Longitude
    -93.8071
    Latitude
    35.1503

    Comparable in this City

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      94 State Hwy 109

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      4,400 SF

      59 Priddy St

      COMMERCIAL (GENERAL) • 4,400 SF
      59 Priddy St, Magazine, AR 72943-8403
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      5.28 Acres

      6376 State Hwy 10

      VACANT COMMERCIAL LAND • 5.28 Acres
      6376 State Hwy 10, Magazine, AR 72943-7013
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    • Value Estimation by Request
      0.16 Acres

      10 State St

      VACANT COMMERCIAL LAND • 0.16 Acres
      10 State St, Magazine, AR 72943
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    • Value Estimation by Request
      5,000 SF

      32 Wood St

      COMMERCIAL (GENERAL) • 5,000 SF
      32 Wood St, Magazine, AR 72943
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    • Value Estimation by Request
      0.16 Acres

      Priddy At S Oliver St

      VACANT COMMERCIAL LAND • 0.16 Acres
      Priddy At S Oliver St, Magazine, AR 72943
      View Details

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    28 Ar-109
    Magazine, AR 72943
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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